KHD Buzz – Amazon Buys MGM, Google Makes Big Shopping Moves and More

KHD Buzz – Amazon Buys MGM, Google Makes Big Shopping Moves and More

May 31, 2021 Off By Koehler Home Decor

Amazon Buys Up MGM to Boost Prime

Amazon.com has agreed to pay $8.45 billion for MGM, making it the company’s second-largest acquisition after the $14 billion deal for Whole Foods in 2017. MGM, the studio behind “Shark Tank” and film franchises like Rocky and James Bond, is expected to bolster Amazon’s Prime Video service and support the company’s plans to expand its subscriber base. Read More

Vaccinated Americans Still Wary of In Person Shopping

According to Cardify.ai, Americans who have been immunized against COVID-19 are more hesitant to go to crowded places like stores, restaurants, salons, and entertainment venues than those who have not been immunized. According to the market research firm, those who are not vaccinated are “more risk tolerant” than those who opt for vaccinations. Read More

Google/Shopify Deal Heats Up Search Giant’s Move to Beat Amazon

A deal allowing Shopify e-commerce platform sellers to sell on Google properties such as Shopping, Maps, and YouTube could be a game-changer in the company’s retail and advertising battles with Amazon.com. Read More

Target and Walmart Testing Local Delivery Options

Target and Walmart are both experimenting with home package deliveries à la Amazon.com, at a time when traditional carriers like FedEx, United Parcel Service, and the United States Postal Service are struggling to keep up with demand due to the continued growth of online sales. Read More

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